To track some personally noteworthy events, observations and thoughts, letting them age and savor/regret them again a long time later.

Monday, March 28, 2016

Post MNC Singapore economy

I said to myself, "A top down approach" But that is exactly what we do when the government is very serious about something, wanting to minimize the risk of failure and make it successful. They are finally rolling up their sleeves, very interventionist to transform industries. Unstated is that we can no longer count on the erstwhile MNC development model. For the young it also means the best opportunities are no longer with the large foreign MNCs. Tomorrow is certainly not MNC extrapolated. Less management and more leadership going forward.

Workers better be prepared for wrenching change. Leaders better figure out and successfully persuade them to come along.